Shareholders in Plus Markets, the embattled junior stock exchange, say they feel misled by the company's management over its financial health. The comments come amid growing investor anger over the proposed sale of the stock exchange to interdealer broker Icap.

Plus Markets announced it was winding down on May 14 after a formal sale process, announced on February 3, failed to produce a deal. Following the May 14 statement, interdealer broker Icap emerged as a bidder for Plus SX, the company's stock exchange business which principally comprises its recognised investment exchange license that allows it to list companies and products. On Friday May 18 Plus announced that it had entered into an agreement to sell the SX business to Icap for £1.